Life Insurance

Life insurance is the foundation of any family’s financial plan.

Most financial experts recommend having life insurance totaling at least five times your annual salary, but each family’s needs differ.

Life events that affect your need for coverage include:

  • Birth of a child

  • Buying a home

  • Children attending private school or college

  • Retirement savings

  • Estate planning and protection

  • Desire to make a charitable bequest

Life insurance can help ensure your family can maintain its lifestyle if a breadwinner dies prematurely. There are two categories of life insurance: term and permanent, or “whole life.” Read